Federal Reserve Expert: Original Sin & Bad Precedent HD Preview Online

WASHINGTON, May 13, 2015 /PRNewswire-USNewswire/ -- Financial expert, former Policy Advisor for the Federal Reserve and Author Vern McKinley explains how the major banks lobbied to get government support for their tremendous losses in the 2007-2008 Great Recession. Watch this online HD Video Preview (1:25 min). He identifies the major players who cried "the sky is falling," predicting the collapse of the entire world economy if the Federal Government failed to bail them out. In his book, "Financing Failure", he documents how there was no evidence that the failures of the big banks would have any long term effect on the economy. Watch the preview and full segment from this URL: http://www.fulldisclosure.net/2015/05/a-really-bad-precedent-663-2/

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Related Links:

1. The Fed Series: 100 Years of Boom & Bust #670-1 (8.8)
   http://www.fulldisclosure.net/2015/04/the-fed-100-years-of-boom-bust-670-1/ 
2. The Fed Series:  Financing Failure
   http://www.fulldisclosure.net/2015/01/fed-collaborate-against-us/
3. What is The Full Disclosure Network?  
    http://www.fulldisclosure.net/wp-content/uploads/2013/04/OnePagerForReleases4-14-13.pdf

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